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Frontier-Kemper JV Awarded John Hart Generating Station Tunnel And Powerhouse Excavation Package

Stocks in this article: TPC

Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that a joint venture between its subsidiary, Frontier-Kemper Constructors, and ASL has recently been awarded a contract by Aecon/SNC-Lavalin Constructors joint venture for the underground excavation package for the John Hart Generating Station replacement project in British Columbia.

The Frontier-Kemper/ASL partnership scope of work for the project involves the excavation of the powerhouse, gate chamber, intake shaft, power tunnel, tailrace, and various access tunnels. Frontier-Kemper’s portion of the contract value is approximately CAD$71.5 million.

“We are excited to be chosen as the contractor for the excavation of underground works on such a significant project for the province of British Columbia,” said Dave Rogstad, President and CEO of Frontier-Kemper Constructors. “This will be our fourth major project in British Columbia in the last eight years and we look forward to its successful completion.”

Frontier-Kemper's work on the project will commence this year and is scheduled for completion by the end of 2017. The contract value is expected to be included as part of the Company’s reported first-quarter 2014 backlog.

About Frontier-Kemper Constructors

Frontier-Kemper Constructors, Inc. is a widely recognized leader in underground and heavy civil construction. Frontier-Kemper builds tunnels and shafts for highways, rapid transit systems, railroads and facilities for water supply and wastewater transport. In addition, Frontier-Kemper develops and equips underground mines for coal, salt, copper, gold, and other minerals.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil and building construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large complex projects on time and within budget while adhering to strict quality control measures.

Copyright Business Wire 2010

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